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Recently lauded crypto exchange addresses criticisms over security issue that exposed user data

by Frank Chaparro

January 10, 2019, 11:25AM EDT  ·  2 min read

Quick Take

  • DX.Exchange is set to address security concerns relating to leaked customer data in a blog post Thursday
  • As noted by an Ars Technica report, one trader was able to access sensitive information about the exchange’s clients
  • The firm says it has “successfully patched and shut down a security vulnerability”

by Frank Chaparro

January 10, 2019, 11:25AM EDT  ·  2 min read

DX.Exchange, the Estonian-regulated digital currency exchange, announced its launch last week with much fanfare, including coverage in Bloomberg, CNBC, and The Block. DX.Exchange offers cryptocurrency trading and is provided with trading technology by Nasdaq, a source at Nasdaq confirmed.

Now, the exchange — which offers trading of tokenized stock of Apple, Facebook, and other tech companies — has come under fire for questionable security practices.